Classic Gartley 222 Pattern in the NDX - sets up Target 1 at 61.8% of CD = 5733, Target 2 at 127% of CD = 5608, and finally Target 3 at length of XA at 5575. I favor a 5 wave move to Target 3
Yorum:
June 27 - Midway between Targets 1 and 2. NQ Futures are tracing out a probable 4 of the 5 Wave pattern now. Wave 1 was 5852 to 5768 (84 points), Wave 2 was 5766 to 5806 (40 points), Wave 3 was 5806 to 5670 (136 points), Wave 4 (tracing now, high 5680 so far) and Wave 5 should match Wave 1 = 84 points. Projected final target of 5596 +/- 3 points. That should happen tomorrow.
IMHO this completed pattern is only a 1 (or A) of a larger pattern. After target is reached I expect a desperate 2 or B Wave into quarter end and the holiday
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
IMHO this completed pattern is only a 1 (or A) of a larger pattern. After target is reached I expect a desperate 2 or B Wave into quarter end and the holiday